Jonathan Galvis

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7 ways billionaires like Warren Buffett and Bill Gates demonstrate the ancient philosophy of Marcus Aurelius

Around 304 BC, a wealthy and successful merchant named Zeno was shipwrecked on a trading voyage. He lost nearly everything. Making his way to Athens, he was introduced to philosophy by Crates of Thebes, a famous Cynic, which changed his life. Within a few years, Stoic philosophy would be born. As …

Bill Gates, Warren Buffett and Oprah all use the 5-hour rule

In the article "Malcolm Gladwell got us wrong," the researchers behind the 10,000-hour rule set the record straight: different fields require …

The 27 Most Important Finance Books Ever Written

27 classic works that every Wall Streeter should read.<p>“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t …

This Nonprofit Thinks Curiosity Is What Moves The World, And World-Movers Agree

<i>Our editors delve into Curiosity's top stories every day on a podcast that's shorter than your commute. Click here to listen and learn — in just a</i> …

Full of Fluff? MyPillow Ordered to Pay $1M for Bogus Ads

Consumer<p>It may be the “most comfortable pillow you’ll ever own,” but MyPillow can’t help with snoring, fibromyalgia, migraines or any other medical conditions.<p>The company behind the legendary infomercial got a wake-up call this week when it was fined $1 million for deceptive advertising practices, …

Ben Affleck’s Autism Action Movie The Accountant Is Only Half Bad

Though overwrought and undercooked, this odd film has something to say.<p><i>The Accountant,</i> a grim and lumbering study of death and taxes, is better, or at least more compelling, than it has any business being. Written by <i>The Judge</i> screenwriter <b>Bill Dubuque</b> (a perfect name for the screenwriter of those …

Drivers Are Wasting Billions on Premium Gas, AAA Says

Drivers wasted $2.1 billion on premium gasoline over the past year, according to new AAA research.<p>AAA determined that premium gasoline doesn’t improve performance, fuel efficiency or emissions for vehicles that run on regular-grade fuel. Yet an estimated 16.5 million Americans have opted to pay for …

Mylan CEO sold $5m worth of stock while EpiPen price drew scrutiny

• Heather Bresch sold 100,200 of shares on same day as release of earnings<br>• Transaction was ‘part of a 10b5 plan’, which curtails insider trading suspicions<p>Heather Bresch, the CEO at the center of EpiPen’s 471% price hike, sold 100,200 of her shares earlier this month and earned more than $5m from the …

EpiPen outrage may fuel cheap generic in 2017

Help for parents outraged by skyrocketing EpiPen prices could be coming as soon as next year.<p>A generic alternative for the lifesaving allergy treatment is being developed by Teva Pharmaceuticals (TEVA). The company has indicated the generic treatment may arrive as early as next year, creating a …

Gotta Sell'em All: Companies Using Pokemon Go to Drive Customers

Business News<p>It's not just players who are enjoying Pokémon Go. Businesses are finding a way to use the game as a marketing opportunity.<p>Ad agency Huge's, owned by IPG, has an office in Atlanta that's taking it one step further and turning it into an advertising experiment.<p>Since its public, in-house …

Pokémon Go: armed robbers use mobile game to lure players into trap

Missouri suspects used app’s geolocation feature to target ‘unwitting victims’, says police after another incident saw game lead player to dead body<p>Armed robbers used the game Pokémon Go to lure victims to an isolated trap in Missouri, police reported on Sunday.<p>At about 2am in O’Fallon, Missouri, …

Pokémon Go

This Successful Hair Salon Owner Knows Something Most Entrepreneurs Have Backwards

What if you looked at your employees like a Hair Salon owner does? How would you treat your employees differently?<p>James and Astrid Rawlinson are the owners of Salon 21 in Orem, Utah. Last week, I happened to be in Utah and needed a haircut. I was lucky enough to have James cut my hair.<p>When I found …

After 3 Deaths, Ikea Recalls Millions of Dangerous Dressers

U.S. news<p>Ikea has issued a recall for at least 29 million chests and dressers that can easily tip over onto children, injuring or killing them, NBC News confirmed.<p>The furniture giant said Monday that after the three deaths of three children it is no longer selling its “Malm” series products because …

IKEA

FDA slams Whole Foods for 'serious' food safety violations

The FDA said inspectors found items, including pesto pasta, mushroom quesadillas, egg salad and couscous, in areas where "condensate" was leaking from the ceiling, a doorway, and a condenser fan.<p>Inspectors also noted that employees splashed dirty water on uncovered vegetables and utensils, failed …

Income Redistribution Does Not Boost Economic Growth

Former Speaker of the House Nancy Pelosi is famous for touting income redistribution, particularly SNAP (the food stamp program) and unemployment benefits, as an engine for economic growth. People who favor redistribution for other purposes often try to convince others to support them on the …

U.S. Economy

What you don't know about Powerball

Dreaming of a nine-figure Powerball prize as you plunk out cash, again, for a ticket? You aren't alone.<p>Americans spend a lot on lottery tickets<p>The $73.8 billion spent on U.S. lottery tickets last year is more than Americans spent on music, movies, books, video games and sports tickets -- …

FireEye Announces New CEO, Stock Plummets, Reasons For Optimism

FireEye, Inc. — one of the world’s largest pure-play cybersecurity firms — announced a new CEO yesterday.<p>In its Q1 2016 earnings report – which is transcribed by Seeking Alpha – FireEye introduced Kevin Mandia as their new CEO, succeeding Dave DeWalt who becomes Executive Chairman. The changes …

Mark Ruffalo And Bernie Sanders Walked Around Brooklyn And Shot A Video

Bernie Sanders

Happiness is the new GDP

• <b> Governments would prioritize mental health care.</b> A report commissioned by the UK’s Legatum Institute notes that emotional health problems—depression and anxiety—are powerful contributors to unhappiness. Early intervention to prevent and treat mental illness could contribute powerfully to human …

Happiness

Microsoft suit is latest tech clash with US over privacy

SAN FRANCISCO (AP) — As we live more of our lives online, the companies we trust with our digital secrets are increasingly clashing with authorities …

Privacy

Grads with rich parents likely to earn more than classmates

Getting the same degree from the same university doesn't guarantee people will earn similar amounts later in life.<p>Those from richer family backgrounds tend to earn significantly more than their fellow graduates from poorer backgrounds, according to a new study that analyzed the tax returns and …

Verizon CEO Fires Back After Sanders Sides With Strikers

The Democratic presidential contenders have been siding with Verizon Communication’s striking workers this week and now Verizon CEO Lowell McAdam is …

America's richest men live 15 years longer than poor men

The richest Americans live far longer than their poorest counterparts, a new study shows.<p>Men in the Top 1% can expect to live until age 87.3, nearly 15 years longer than those in the Bottom 1%, according to research by Stanford economics professor Raj Chetty and seven co-authors.<p>America's …

UnitedHealth Quitting Obamacare Markets in Georgia, Arkansas

By Zachary Tracer<p>UnitedHealth Group, the largest U.S. health insurer, has decided to call it quits in two state Obamacare markets in the latest challenge to President Obama’s health-care overhaul.<p>The insurer won’t sell plans for next year in Georgia and Arkansas, according to state insurance …

Big investments in Potter world and other attractions will pay off for the Southland economy

When the $500-million Wizarding World of Harry Potter attraction opened last week at Universal Studios Hollywood, thousands of parkgoers were already lined up at the park entrance in the predawn darkness, forgoing sleep, warmth and comfort to be part of the Potterfest.<p>Inside, the queues to buy a …

Millennials are better than we thought at saving money, studies find

Millennials get a bad rap for being irresponsible with money.<p>But new studies show that not only are they carrying less debt than they did in previous years, they are actually pretty good at saving. Millennials are saving more aggressively than they have in the past, and in some cases they're saving …

Amazon CEO Jeff Bezos shares thoughts on corporate culture, decision-making and failure

It may not be Warren Buffett's eagerly anticipated letter to shareholders, but Amazon.com Chief Executive Jeff Bezos' annual investor missive has become known for offering its own yearly insights into how he runs the online retail giant.<p>Two years ago, for instance, Bezos shared in his letter that …

Spider-Man movie: Marvel Studios characters will join webslinger

Can Spider-Man count on his new amazing friends?<p>We all know the webslinger will make a sizable appearance in the Marvel Studios film <i>Captain America:</i> …